StockWatch
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Auto Manufacturing
Management ChangeJun 4, 2026, 04:07 PM

Kandi Technologies Appoints Yang Rui as Independent Director

AI Summary

Kandi Technologies Group, Inc. announced the appointment of Mr. Yang Rui as an independent director, effective May 31, 2026. Mr. Rui, a senior engineer with a doctorate in Power Engineering and Engineering Thermophysics, brings extensive automotive industry experience to the board, including leadership roles at Zhejiang Bozhong Automotive Technology Co., Ltd. and Zhejiang University. Concurrently, Mr. Lin Yi resigned from his independent director position due to personal reasons, with no disagreements cited. Mr. Rui will also serve on the Compensation and Nominating and Corporate Governance Committees and receive an annual salary of approximately $8,823.

Key Highlights

  • Mr. Yang Rui appointed as an independent director, effective May 31, 2026.
  • Mr. Rui will serve on the Compensation and Nominating and Corporate Governance Committees.
  • He is a senior engineer with a doctorate in Power Engineering and Engineering Thermophysics.
  • Mr. Rui previously served as General Manager of Zhejiang Bozhong Automotive Technology (2020-2025).
  • He will receive an annual salary of RMB 60,000 (approximately $8,823).
  • Mr. Lin Yi resigned as an independent director, effective May 31, 2026.
  • Mr. Lin's resignation was due to personal reasons, with no disagreements.